secwatch.observer — SEC 8-K summary
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Issuer:     BJs RESTAURANTS INC (BJRI)
CIK:        0001013488
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001171843-25-007384
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Restaurants amends cooperation agreement with Act III; extends term to June 2027, raises ownership cap
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- Amendment extends Cooperation Agreement expiration from May 4, 2027 to June 30, 2027.
- Standstill cap raised to 2,091,011 shares (about 9.9% of outstanding common stock), excluding Noah Elbogen's shares.
- Act III Parties may acquire additional shares up to the cap, subject to customary standstill restrictions.
- Act III Parties continue to vote with Board recommendations on most proposals and support management initiatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013488/000117184325007384/0001171843-25-007384-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013488/000117184325007384/f8k_111725.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-007384

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer